According to The Times, the hotel has struggled to fill rooms and sell condominiums as President Donald Trump has risen in political prominence.

Koi, a restaurant located in the hotel, closed earlier this year after a reported drop in business following Trump's win in the 2016 election.

"Before Trump won we were doing great. There were a lot of people we had, our regulars, who'd go to the hotel but are not affiliated with Trump," Jonathan Grullon, a busser and host at the restaurant, told New York Magazine's GrubStreet. "And they were saying if he wins, we are not coming here anymore."

Another restaurant worker told GrubStreet that, following the election, "the Kardashians stopped coming" - and business plummeted. While Suzanne Chou, Koi Group's general counsel, "declined to speculate" why business declined, she said that "obviously since the election it's gone down."

A new restaurant called Spring & Varick recently opened in the space that formerly belonged to Koi.

Earlier this year, WNYC reported the five-star hotel was planning to lay off workers and reduce some of its services.

The hotel will continue to be owned by CIM, an investment firm in California. Now, however, the Trump Organization will no longer manage day-to-day operations or brand the hotel under the Trump name.

In 2010, the Major Economic Crimes Bureau of the Manhattan District Attorney's office opened an investigation into Ivanka and Donald Trump Jr. for reportedly misleading buyers in the Trump SoHo project. Manhattan District Attorney Cyrus Vance Jr. dropped the case after receiving a donation from the Trump Organization's lawyer, Marc Kasowitz, as ProPublica reported in October.

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WASHINGTON (AP) - The standoff over President Donald Trump's $5 billion wall funds deepened Monday, threatening a partial government shutdown in a standoff that has become increasingly common in Washington.

The case may not be resolved in the courts before 2020, legal experts said, which could make it a defining issue in the race for the White House and Congress. Democrats immediately jumped on the Friday night ruling to warn that health care coverage for millions of Americans was at stake due to the Republican-led lawsuit that sought to void popular parts of Obamacare, including protections for pre-existing conditions and a ban on annual lifetime limits. Also at risk are provisions that affect the wider health insurance market, such as keeping adults on their parents' policies until age 26.

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